“Solar Photovoltaic (PV) Modules Market to 2020 - Significant Cost Advantages in Asia Set to Increase Manufacturing Capabilities” report gives an in-depth analysis of Global Solar PV Modules market and provides forecasts up to 2020. The research analyzes the growth, evolution of Solar PV Modules market up to 2010 and gives historical and forecast statistics for the period 2001-2020.

This research also gives detailed analysis of the market structures of the technology and regulatory policies that govern it. The report analyses the shift of the manufacturing base to the Asian countries. The report also gives an insight about emergence of many countries such as France, the US etc. and talks about the strategies and policies formulated by them to promote the growth of solar pv module industry. The report also provides an in-depth analysis of the changing dynamics of solar pv module industry.

“Solar Photovoltaic (PV) Modules Market to 2020 - Significant Cost Advantages in Asia Set to Increase Manufacturing Capabilities " provides key information and analysis on the market opportunities in the solar PV module market. The report provides the latest information on the demand, production, production capacity and average module price of the various geographies. It gives detailed assessment of the market forces influencing the modules market. The report also provides analysis of key countries in various geographies which includes India, Republic of Korea, Japan, China, Taiwan, Germany, Italy, France, the US and Canada. It also provides information on the crystalline silicon and thin film based modules.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research's team of industry experts

Solar Energy: An Attractive Alternative

The oil crisis of the 1970s prompted serious plans to reduce our dependency on fossil fueled power plants for generating electricity. Solar power generation has emerged as an alternative to fossil fuels in power generation. The solar power industry witnessed a growth of around 36% per annum from 2001 to 2009. The recent fluctuations in oil prices have further raised the focus in this sector.

Solar energy was traditionally considered as an expensive and less-efficient alternative to fossil fuels. Despite advancements in technology it is still far behind in terms of efficiency compared to wind and fossil fuels. Government-supported solar energy programs have been driving the increasing growth rate of solar on-grid installations, which in turn has prompted solar power companies to invest heavily in Research and Development (R&D). R&D activity in the solar industry is mainly focused on increasing efficiency and reducing the cost of Photovoltaic (PV) modules. This has resulted in improvements in the efficiency of PV cells and modules and also led to a decrease in PV cell and module prices over the years.

Furthermore, around one-third of the world's population has limited access to power grids, and they could significantly benefit from local energy production harnessing some of the Sun's enormous power, which in an hour produces enough energy to power all the world's energy needs for one year. The campaign to replace non-renewable sources of energy with non-polluting renewable energy has gained momentum in recent years around the world, meaning that there is very high growth potential for the solar energy industry.

The global capacity of renewable power has increased in recent years. The global renewable power capacity was 1,085GW in 2007 that has increased to 1,230GW in 2009. There has been an increase in the renewable power capacity to reduce the dependency on the non-renewable energy sources. Even during the period of global economic slowdown the production capacity and the investments in the new renewable capacity witnessed strong growth. The highly fluctuating oil prices have also instigated governments to look for feasible alternatives to traditional sources of energy.

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